As the economy continues to show a gradual comeback, the new car market delivers a staggering 66% drop in year over year in new car sales two months in a row (July, August). The majority of car sales shifted to the used cars market delivering a slight 4% year over year decline in sales (for the same months of July and August), according to Cox Automotive.
And that is understandable: in times of economic instability, consumers are more considerate about their spending and are more inclined to purchase used vehicles versus new. The average age of a vehicle on the road in the United States has reached a record high 11.9 years, indicating an elevated demand for auto replacement parts (19-29.9% year over year, depending on a category), especially the eCommerce category with the lifting of stay-at-home orders.
It has never been a better time for consumers to hunt for the Great Deals on OEM replacement auto parts they have been planning to get for a while. ZappAuto offers a large variety of affordable used auto parts for any make and model. Fix your vehicle at a fraction of a cost, and enjoy driving your car again.